: :inin Kyiv (EET)

Three Dangers to the Economy that Obama Should Tackle in Tonight’s Speech


What if, instead of an occasion for partisan polemics and balcony shout-outs, the State of the Union consisted of a dispassionate assessment of where the country really stands and what that implies for policy?
On the international economic front, the president would still have an opportunity to boast. The United States’ economic recovery is belatedly kicking into gear. In the international economic beauty contest, the United States outshines the competition, to seriously paraphrase the International Monetary Fund. The latest World Economic Outlook forecast puts 2015 U.S. economic growth at a reasonable 3.6 percent. That’s a lonely upward revision from the last …read more

Source: Foreign Policy

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